Saga Communications
36 hedge funds and large institutions have $81.7M invested in Saga Communications in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 0 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
9% more funds holding
Funds holding: 33 → 36 (+3)
5.57% more ownership
Funds ownership: 54.46% → 60.03% (+5.6%)
5% more capital invested
Capital invested by funds: $77.8M → $81.7M (+$3.87M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MC
Martin & Co
Knoxville,
Tennessee
|
+$939K |
| 2 |
RA
Royce & Associates
New York
|
+$576K |
| 3 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$279K |
| 4 |
Millennium Management
New York
|
+$234K |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$78.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$659K |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$638K |
| 3 |
BlackRock
New York
|
-$196K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$116K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$18.2K |
SGA Hedge Fund Activity: Q1 2023 in Review
36 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Saga Communications (SGA) for Q1 2023, worth a combined $81.7M — up 5% from $77.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new SGA positions and 0 closed out — a net gain of 4 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Martin & Co, opening a new position worth an estimated $939K. The largest seller was T. Rowe Price Investment Management, cutting an estimated $659K.
- 36 institutional investors held Saga Communications (SGA) as of Q1 2023, up from 33 in Q4 2022.
- Funds reported $81.7M of Saga Communications stock for Q1 2023, up 5% quarter-over-quarter.
- 4 funds opened new Saga Communications positions in Q1 2023 and 0 closed out, a net change of +4 holders.
- The largest Saga Communications buyer in Q1 2023 was Martin & Co, an estimated $939K added.
- The largest Saga Communications seller in Q1 2023 was T. Rowe Price Investment Management, an estimated $659K sold.
Based on aggregated 13F filings for Q1 2023.